Which of the following types of income are not considered ordinary income?
A)Compensation income.
B)Short term capital gains.
C)Qualified dividend income.
D)Both compensation income and qualified dividend income.
E)Both short term capital gains and qualified dividend income.

Question

Quizplus · Accepted Answer

Short term capital gains and qualified dividend income are not considered ordinary income. Compensation income and other types of capital gains, such as long term capital gains, are considered ordinary income.

Which of the Following Types of Income Are Not Considered